Steem (STEEM) Trading 0.2% Higher This Week

Steem (STEEM) traded down 2% against the U.S. dollar during the 24 hour period ending at 21:00 PM Eastern on May 23rd. One Steem coin can now be bought for $0.27 or 0.00000405 BTC on major exchanges. In the last week, Steem has traded up 0.2% against the U.S. dollar. Steem has a total market capitalization of $126.86 million and approximately $3.84 million worth of Steem was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 2.5% against the dollar and now trades at $67,649.20 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4% lower against the dollar and now trades at $0.16 or 0.00000234 BTC.
• Bitcoin Cash (BCH) traded down 4% against the dollar and now trades at $491.94 or 0.00727192 BTC.
• Litecoin (LTC) traded down 0.3% against the dollar and now trades at $85.86 or 0.00126922 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $5.99 or 0.00008860 BTC.
• Ethereum Classic (ETC) traded up 8.9% against the dollar and now trades at $33.28 or 0.00049188 BTC.
• Arweave (AR) traded 7.4% lower against the dollar and now trades at $41.04 or 0.00060660 BTC.
• Monero (XMR) traded up 0.7% against the dollar and now trades at $139.23 or 0.00205812 BTC.
• Bitcoin SV (BSV) traded 3% lower against the dollar and now trades at $64.15 or 0.00094828 BTC.
• eCash (XEC) traded 3.6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Steem

Steem (CRYPTO:STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 462,521,767 coins. The official message board for Steem is steemit.com/@steemitblog. The official website for Steem is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here.

According to CryptoCompare, “Steem (STEEM) is a blockchain-based social media platform that rewards content creators with STEEM tokens. Created by Ned Scott and Dan Larimer, it promotes decentralized content creation and curation, providing an alternative to traditional social media.”

Steem Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView